Kukla's Korner Hockey
by Paul on 12/12/05 at 10:51 AM ET
That sound you hear is a collective sigh of relief from at least a dozen National Hockey League general managers. Because of stronger-than-expected revenue from broadcasting and good planning in basing the $39-million cap on a conservative revenue forecast, there will be good news delivered to the NHL governors at their two-day meetings this week in Scottsdale, Ariz. The Devils were one of three teams over the cap when the season started. They led the parade at $43-million, with the Detroit Red Wings at $40.8-million and the Atlanta Thrashers at $40.7-million. Under the new collective labour agreement, it is where a club finishes the season in respect to the cap that matters, not where it started. Thanks to a trade and a demotion, Lamoriello is just under the cap now, but he has a problem looming when forward Patrick Elias and his $4.1-million salary are cleared to play. However, Lamoriello may get a break there, as Elias is now thought to have an abdominal tear on top of his recovery from hepatitis, which could push his return back to the end of January.more
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About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
Email Paul anytime at firstname.lastname@example.org